This property looks like a bad Long-Term investment with a projected -17.67% first-year return on $70,560 initial cash invested.
-17.67%
Cash On Cash
3.11%
Cap Rate
0.48
DSCR
$1,703
Rent
-$1,039
Cashflow
Cash Flow
$1,703 income − $2,742 expenses = $1,039 out of pocket
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,560
Downpayment
20%
$67,200
Closing costs
1%
$3,360
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,703
Total Expenses
$2,742
Mortgage P&I
107%
$1,826
Property Taxes
21%
$352
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0